TAMAN CHENG SETIA

Area Intelligence
2022
Median Price
RM 465,000
PSF: RM 291

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 291

TAMAN CHENG SETIA in Melaka Tengah, Melaka recorded 10 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 291.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 418K to RM 500K, and a typical market range of RM 428K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 291, with core pricing between RM 239 and RM 343. Market pricing typically extends from RM 242.50 to RM 338.50, reflecting moderate variation in unit pricing. The spread of RM 96.00 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CHENG SETIA, Melaka Tengah, Melaka

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Transactions

9 transactions grouped by size

1,400 sqft
Double Storey Terraced
RM 350,000
JALAN CS 7
1,399 sqft · RM 250 PSF
RM 435,000
JALAN CS 2
1,399 sqft · RM 311 PSF
RM 400,000
JALAN CS 5
1,399 sqft · RM 286 PSF
1,550 sqft
Double Storey Terraced
RM 500,000
JALAN CS 4
1,539 sqft · RM 325 PSF
RM 450,000
JALAN CS 5
1,539 sqft · RM 292 PSF
RM 450,000
JALAN CS 6
1,539 sqft · RM 292 PSF
1,700 sqft
Double Storey Terraced
RM 485,000
JALAN CS 4
1,679 sqft · RM 289 PSF
RM 500,000
JALAN CS 4
1,679 sqft · RM 298 PSF
3,450 sqft
Double Storey Semi-D
RM 480,000
JALAN CS 3
3,444 sqft · RM 139 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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